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Moving Average and RSI Arrow Indicator

By   /   October 23, 2013  /   3 Comments

Moving Average and RSI Arrow signals Indicator

forex trading indicator uses two moving average lines and RSI indicator Filter to draw arrow signals on chart

Platform : Metatrader 4 ( MT4 ) .

moving average rsi arrow signal

Signals :

Buy Arrow : when fast moving average crossover slow moving average and close above it and RSI indicator above Buy Level .

Sell Arrow : when slow moving average crossover fast moving average and close below it and RSI indicator below Sell Level .

indicator Settings :

Fast_MaPeriod : Fast Line Period .
Fast_MaMethod : Fast Line Method // 0=simple , 1=exponential , 2=smoothed , 3=linear weighted.
Fast_AppliedPrice : Fast Line applied price // 0=close , 1=open , 2=high , 3=low .
Slow_MaPeriod : Slow Line Period .
Slow_MaMethod : Slow Line Method .
Slow_AppliedPrice : Slow Line applied price .
RSI_Period : RSI indicator period .
RSI_AppliedPrice : applied price // 0=close , 1=open , 2=high , 3=low .
Buy_Level : buy level area to filter signal .
Sell_Level : sell level area to filter signal .
EnableAlert : true = enable alert message on moving crossover, false = disable alert message .
EnableSendMail : true = sends mail message on crossover signal , false = disable mail message alert .

Download Indicator : Moving Average RSI Crosses Arrow Signal

3 Comments

  1. agnnis says:

    I must say that you explanation is too good and appreciable thanks for this. now I’ll try this indicator for my trading. while trade in avapartner.

  2. Rich Peschel says:

    Hi, For some reason I cannot get your downloads to work on my mt4 charts (build 670), thanks

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